General Authority of Foreign Trade Announces the Imposition of Definitive Anti-Dumping Measures on SNF Imports from China and Russia

Minister of Commerce and Chairman of the General Authority of Foreign Trade (GAFT) Majid Al-Kassabi has issued the decision imposing definitive anti-dumping measures on imports of the Sulphonated Naphthalene Formaldehyde (SNF) originating in/exported by the People's Republic of China and the Russian Federation, according to a GAFT press release.
 The decision was published on Umm Al-Qura gazette on December 2, 2024. The measures will be applied on the subject product for five years, starting with December 3, 2024.
 According to the release, the aforementioned decision directs Zakat, Tax, and Customs Authority to impose and collect anti-dumping duty on the subject product in the range of 18.12% to 34%, according to the table included in the decision, which describes the rates of the duty in detail.
 GAFT said the decision was issued based on the Law of Trade Remedies in International Trade that aims to protect the domestic industry from unfair trade practices. The decision was taken based on the final findings of the investigation initiated on November 20, 2023, after the domestic industry submitted complaints, according to the Law of Trade Remedies in International Trade and its Executive Regulations.
 More information on the decision is available on the “Announcements and Circulars of Trade Remedies Investigations” page of GAFT official website gaft.gov.sa.